The Study On Trade And Direct Investment Cooperation Between China-Kazakhstan And Russia-Kazakhstan

Trade and investment are the important ways of intercountry economic cooperation,they can effectively promote the participation of countries in the national economic growth,industrial restructure and so on.At the beginning of the disintegration of the Soviet Union,Kazakhstan’s economy has been in a state of declining,severe inflation,a sharp decline in industrial production,and a harder life for people.At this time Kazakhstan needs an economically strong country to support it.At the same time,Kazakhstan Pursuing a practical and balanced strategy,with neighboring countries as a priority partner,and actively carry out foreign cooperation,and ultimately to restore the national economy and stabilize the domestic political environment.China and Russia are not only Kazakhstan’s neighbors,but also are Kazakhstan’s important economic partner.Since the establishment of diplomatic relations between China and Kazakhstan in 1992,the two governments have been close to each other and signed bilateral documents on trade and investment,trade and investment cooperation.Russia has been a traditional economic partner of Kazakhstan.Although the Soviet Union has disintegrated,Of the trade and investment cooperation has not been interrupted.At the end of 2015,Russia’s trade with Kazakhstan and China and Kazakhstan accounted for 19.19% and 13.91% of Kazakhstan’s total foreign trade;Kazakhstan’s first and second largest trading partner;China to Kazakhstan and Russia to Kazakhstan Of direct investment stocks accounted for 2.3% and 2.6% of total foreign direct investment in Kazakhstan,ranking sixth and fifth among Kazakhstan’s countries with foreign direct investment.Kazakhstan Statistical Yearbook and the International Trade Center of the relevant data is used to analyze the current situation of domestic economic development.Kazakhstan’s economy gradually to the good,the industrial structure of the "321" sequence,trade,foreign investment have shown a good growth.Trade cooperation with China belongs to inter-industry trade,and trade cooperation with Russia belongs to intra-industry trade.The direct investment areas of China and Russia are concentrated in the field of extractive industry and retail trade.Through the empirical analysis of linear regression It is concluded that China’s trade and direct investment with Kazakhstan and Russia with Kazakhstan is positively related to Kazakhstan’s economic growth.The promotion of trade cooperation on growth of Kazakhstan’s GDP,Russia is higher than China.The promotion of direct investment cooperation on growth of Kazakhstan’s GDP,China is higher than Russia.In contrast to the trade structure and investment structure between China and Kazakhstan,it is found that China and Russia are in a competitive relationship in the main countries of Kazakhstan’s imports,while China and Russia have different areas of direct investment in Kazakhstan.Trade and direct investment can be developed and should be appropriate to adjust the trade structure and investment areas,exports competitive advantage goods,invests in the development potential of the field.Finally,boyh of the two countries achieve mutual benefit.